Monday, February 23, 2009

Here are the stocks that are passing at least three of my five filters, for the week of Feb 23. There are no stocks that are passing four of five filters, so the ones that you see here have passed (the minimum) of three.

Symbol

Top Ranked

Zacks

PEG

SuppDem

VL

IBD Stock checkup

APOL

1

1

1

99

ESI

1

1

1

99

CELG

1

1

1

98

RMD

1

1

1

98

CPSI

1

1

1

97

PNRA

1

1

1

97

BCR

1

1

1

96

COCO

1

1

1

96

CAI

1

1

1

94

CNQR

1

1

1

86

VIVO has fallen off the core list, but AIR is appearing for the first time. AAR Corp is a member of the S&P Small Cap 600, and provides products and services for aircraft fleet operators, original equipment manufacturers, independent service providers, and the military.

Core list (with n of 10 weeks passing):

Symbol

Passing weeks

Earnings

BCR

10

COCO

10

MANT

9

Earn 25-Feb

CAI

8

CELG

6

AMED

5

APOL

5

AIR

5

moving down this week

moving up this week

new this week

The S&P 500 has dropped to previous lows, and is now in a cautious Yellow Red Light mode according to the 1-2-3 model. (The S&P P/E ratio has moved from 23.08 to 10.54 in a week, which is extremely suspect in mind. But that is what is being reported at http://online.barrons.com/mdc/public/page/9_3021-peyield.html.) The Inflation Model has moved to the neutral mark, at zero inflation stars.

It seems to me that Mr. Market is skeptical that the new stimulus package is going to have its intended effect. I hope to remain cautiously optimistic.

Thursday, February 19, 2009

Here are the stocks that are passing at least three of my five filters, for the week of Feb 16. There are no stocks that are passing four of five filters. I am now using the Investors.com beta version, which has changed the IBD Rank from a letter grade (A+, A, A-, etc.) to a numerical grade (1 to 99). My fifth filter, going forward, will be that a stock is rated at 80 or above, which I believe will be the top quintile.

Symbol

Top Ranked

Zacks

PEG

SuppDem

VL

IBD Stock checkup

AMED

1

1

1

99

APOL

1

1

1

99

ESI

1

1

1

99

CELG

1

1

1

98

COCO

1

1

1

98

MANT

1

1

1

98

CPSI

1

1

1

97

PNRA

1

1

1

97

RMD

1

1

1

97

BCR

1

1

1

96

AIR

1

1

1

95

CAI

1

1

1

94

CNQR

1

1

1

87

AFAM has dropped off the core list.

Core list (with n of 10 weeks passing):

Symbol

Passing weeks

Earnings

BCR

10

COCO

10

MANT

10

Earn 25-Feb

CAI

8

AMED

6

CELG

6

VIVO

5

APOL

5

moving down this week

moving up this week

new this week

The Market remains in Red Light mode according to the 1-2-3 model. The Inflation Model remins at a slightly inflationary stance, and is now at modestly inflationary at a positive one half inflation star ("decreasing inflation"). Interestingly, some of the economic headlines are indicating that wholesale inflation has taken a huge jump, which is not surprising given the volume of the givernment printing presses. (Yes, that was an intentional typo.)

People have been asking me, in various ways, how the stock downturn has affected me. (Besides losing a job in the financial sector?) My answer is that the 1-2-3 model gives me an overview of how much to invest in long stocks. My guideline is that while in Red Light mode, I will not invest more in longs than in shorts. That is, if I go long $1000, then I need to also short $1000 (either through stocks or puts). We have been in Red Light since I have begun tracking it in June (with the exception of 6 weeks of Yellow Light.

On a personal note, I was approached by a recruiter for Ab Initio, and they would seem to be the "best software company you've never heard of." They're based in Boston, but would have a lot of work in Charlotte.

Monday, February 16, 2009

Here are the stocks that are passing at least three of my five filters, for the week of Feb 9.

Symbol

Top Ranked

Zacks

PEG

SuppDem

VL

IBD Stock checkup

BCR

1

1

1

A+

CELG

1

1

1

A+

COCO

1

1

1

A+

CPSI

1

1

1

A+

ESI

1

1

1

A+

MANT

1

1

1

A+

OTEX

1

1

1

A+

AIR

1

1

1

A

AMED

1

1

1

A

CAI

1

1

1

A

The core list remains the same as last week.

Core list (with n of 10 weeks passing):

Symbol

Passing weeks

Earnings

BCR

10

MANT

10

Earn 25-Feb

COCO

10

CAI

8

AMED

6

Earn 17-Feb

CELG

6

VIVO

6

AFAM

5

APOL

5

moving down this week

moving up this week

new this week

The Market remains in Red Light mode according to the 1-2-3 model. The Inflation Model has moved back to a slightly inflationary stance, and is now at modestly inflationary at a positive one half inflation star ("decreasing inflation").

Karen and I took Hannah to Covenant College in Lookout Mountain, GA, just over the Tennessee line. All were quite pleased with the college. Hannah got to stay with a student in the girl's dorm and attend classes the next day. Josh went along for the ride and had pizza for three days in a row in three different states. Almost heaven for a six year old.

Thursday, February 5, 2009

Here are the stocks that are passing at least three of my five filters, for the week of Feb 2.

Symbol

Top Ranked

Zacks

PEG

SuppDem

VL

IBD Stock checkup

BCR

1

1

1

A+

COCO

1

1

1

A+

ESI

1

1

1

A+

MANT

1

1

1

A+

OTEX

1

1

1

A+

AMED

1

1

1

A

CAI

1

1

1

A

CELG

1

1

1

A

ESRX

1

1

1

A

AIR

1

1

1

A-

The core list remains the same as last week.

Core list (with n of 10 weeks passing):

Symbol

Passing weeks

Earnings

BCR

10

MANT

10

Earn 25-Feb

COCO

10

CAI

8

Earn 28-Jan

AFAM

6

APOL

6

AMED

6

Earn 17-Feb

AXYS

5

Earn 17-Feb

CELG

6

VIVO

6

moving down this week

moving up this week

new this week

The Market has moved back to Red Light mode according to the 1-2-3 model. The S&P P/E ratio jumped back to 19.4. The Inflation Model has moved back to a slightly inflationary stance, and is now at modestly inflationary at a positive one half inflation star ("decreasing inflation").

I'm one of the 35,000 souls who have been let go by the Bank of America. I wish the Bank well as they try to sell off troubled assets and recover from the excesses of Merril Lynch and their CEO.

I was looking for a job within the Bank writing trading tools for the Front Office. That would be right up my alley! But it looks like that job is indefinitely on hold.

I spoke to a friend, Britt, who is writing condors. Sounds like an excellent strategy when the market is in a trading range even though volatility is high.